Bankruptcy

NEW YORK — Lumber Liquidators CEO Robert Lynch has abruptly quit the company that is embroiled in an investigation over products imported from China. Shares tumbled 15 percent in trading Thursday. The company said Lynch resigned "unexpectedly" and declined to provide more details on the resignation when asked by The Associated Press. The company, which operates a store on MacArthur Road in Whitehall Township, earlier this month said that it had suspended the sale of all laminate flooring made in China after disclosing that the Justice Department is seeking criminal charges against it. At the time Lumber Liquidators said it decided to suspend the sales while a board...

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Lumber Liquidators CEO Robert Lynch has abruptly quit the company that is embroiled in an investigation over products imported from China.
Shares tumbled 15 percent in morning trading Thursday.
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The U.S. Consumer Product Safety Commission is investigating the safety Lumber Liquidators laminate flooring made in China.
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...

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